Member Info for jaaason

The past CEO , who caused all of this mess is still on the BOARD and receiving monies , everyone should at the very least have him removed for his gross incompetence. It is obvious he mismanaged the purchase and installations. He has done nothing to enhance the value of this company and he is still being rewarded for his gross incompetence by serving on the Board and receiving compensation.....

And to think the ex CEO is sitting on the board and still getting paid after all of this mess...

I have one friend who has been holding since .45....and bought all of the way down .........he is sitting on around a million shares I think.....I have much less....hope this doesnt go the way of bhr or fml or fte or several others over this last two years that bit the dust.........

It is a shame that management of many of these AIM stocks do not take responsibility for the mismanagement.I see many of them sitting on each others boards,rubber stamping each others decisions and not representing the shareholders. It happens over and over ....As soon as they ruin one company,they suddenly appear as management of another and start the whole process over......Someone should start a "SHAME LIST" so small investors can actually see the real track record of many of these charlatans. Over the last four years I have been watching as certain individuals become Chairman and/or CEO of a couple of different companies at the same time,while those companies just fall in the "dirt". As long as these jerks can get away with taking monies from private small investors to fund their lifestyle they will keep supporting each other. Just take the time to look at the many names that appear on so many companies over and over,and those companies continue to fail,but the boards and management continue to take above average salaries...

Any idea where that 30 million raised just two months ago went to?

Until the AIM regulators start enforcing the rules ( or actually creating rules to help independent investors) and going after management / boards for not performing in the best interest of the shareholders the small investors will continue to lose monies . I recently read an article on research of the AIM that stated 0ver 70% of AIM companies did not return profits to investors,with a large percentage failing,while the management and boards are paid as if they are running successful profitable companies. Management continues to say their pay should be at the levels that most people never achieve , all the while destroying the investors that paid those salaries and feeling justified while doing it....

They have now basically taken over the company ( with this new agreement) without the expense of taking it private.......they got it without paying for it actually....and shareholders get screwed again.....

Management of this company should be shot. They are participating with MNG in taking over the company at shareholders expense and there is NO REGULATION ON THE AIM TO PROTECT SHAREHOLDERS...this has happened in other AIm companies in one form or other over and over while regulators watch....a total breach of the fiduciary responsibility to shareholders by board and management. The gross incompetence demonstrated by management should be legally prosecuted....but the CEO's and Boards of AIM companies know that the little investors can not go after them for their gross mismanagement...as long as they get their paychecks they will keep stealing....

I take the opposite of what you think. I do not think MNG will drive down the price and then do a placing. They have a substantial number of shares(now that we all were diluted by 50%) and it really doesn't benefit them to do a placing to take on even more deb (or dilution)t then is necessary to achieve their goal. I actually think they will get the plant operating to the maximum current equipment allows so the price will rise. Then they will do a placing , at which time they do not have as much dilution . It would not take much for the shares to rise to 6 to 8 and that would be a large dent in any dilution needed for future expansion

While being one of those not believing in the conspiracy theory , I have after many many years of trading learned to take RNS statements as always suspect to the real truth. Too many times seen AIM shares NOT follow statements made in RNS....while I do not believe the "going private" side I am totally disgusted in past management(having started buying at 45 and bought down to average) . While watching my shares diluted by 50% due to managements bad decisions , which are now really coming to light in statements concerning the operational ability of equipment payed for and installed. That said current management has not instilled a lot of confidence due to either lack of communication or not following their own rns statements. All of which are currently in the unknown category .....so still waiting

Has anyone else sent an email to management about start up. YES they need reagent........but they did say start up in an RNS in the middle of the month and made no further official statement. So,if they did know reagent would keep start up from happening they stated false informationin the RNS for their own benefit.....

Well the meeting started an hour and a half ago....What happened?

Buy quote 20 minutes ago.....4.10 dummy quote....122,000 shares

Will someone please attend the meeting tomorrow so that those of us who can not know what is going on. It would be nice to have postings here during the meeting.

?

Anyone on twitter able to update those of us who don't have access to it?

The big problem is the total lack of communication concerning what is going on.......these guys have never been on time with any results...

OOps supposed to say ZJ7

What everyone should do is lodge a major complaint against the current management at LEN. He has destroyed a percentage of our value by splitting off lrl and now it is continuing to decline without any real project . By taking those funds aware from the original company he has shown a severe breach of his responsibility to share holders. Even now as we wait for the results of ZJ& (which is months overdue) we watch a percentage of our monies go down the drain. Breaking off LRL just created most administration expense,legal expense and did nothing for the value of our original investment.

What is on twitter about LEN?